Weekly Roundup
Crypto: Global Regulatory Framework?
In Congress, a committee held a hearing entitled “Demystifying Crypto” as lawmakers continued to grapplewith the future of regulation in this evolving space, and witnesses agreed on the need for clarity on tax frameworks related to crypto. In separate news, Binance and Ripple weighed in on crypto regulation, calling for a global regulatory framework.
Gameification
SEC Commissioner Elad Roisman said he was concerned about playing into “gamification” fears with respect to regulation of digital engagement practices.
SPACS
A SPAC bill curbing marketing advanced in a key House panel.
Source Code
Twitch data leak reportedly included source code.
Cybersecurity
The US government launched a push to fill further cybersecurity jobs.
In the Mix: This Week’s Top FinTech Thought Leader
- Billionaire investor J. Christopher Flowers told CNBC that there are many signs that fintech is in a bubble.
- Melissa Netram, FS Vector, and former LabCFTC Chair, participated in a crypto regulation panel.
- Cathie Wood, Ark Invest, spoked, about Bitcoin outlook amid ongoing market volatility and institutionalparticipation.